CDNX is poised to breakout big time which is a key indicator that the junior resource sector should truly come alive. Should that happen and HLX doesn't participate in any of the euphoria then its time to cut losses and move on pretty quickly.
Recent criticisms of management are fully warranted, the main focus of any board is to create shareholder wealth and to clearly articulate the business model by which that will be achieved ? where does that place us ?
The opportunity cost of being stuck in a dead stock when the rest of the sector is being re rated is a cost you could live to regret !!!
The real concern is the current market depth, cant really get out now even if you wanted to.
HLX - the next 5 bagger cobalt/nickel play?, page-476
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